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US Effective Tariff Rate Forecast To Reach Generational High; Goldman Fears "Fading US Exceptionalism"
US Effective Tariff Rate Forecast To Reach Generational High; Goldman Fears "Fading US Exceptionalism" President Trump's tariffs are reshaping non- "America First" trade policies and agreements, causing concern among Goldman analysts. They recently downgraded the US GDP growth forecast to 1.7% from 2.4%, marking their first below-consensus call in 2.5 years. In the latest Top of Mind macro research note titled "All About Fading U.S. Exceptionalism," analysts Jenny Grimberg, Allison
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